Witan still bullish
15th Mar 2010 07:12
Investment trust giant Witan’s investment performance beat its benchmark index in 2009 after calling the bottom of the market a month early in February. ‘Last year my Chairman's Statement concluded by pointing out that in the past, when equity markets have fallen by more than 20% in any twelve mont
Read moreRensburg man is new Witan Investment Trust chief
7th Jan 2010 16:11
Witan Investment Trust has secured the services of Andrew Bell, Head of Research and Strategy at Rensburg Sheppards in London, as its new chief executive. It's not yet been decided when Bell will leave the fund manager for Witan. He's also a non-executive director of Framlington Innovative Growth
Read morePost merger buying at African Aura
21st Oct 2009 15:31
African Aura Mining Inc's main shareholder and director Guy Pas has increased his stake to 9.38%. He bought 560,250 shares at 61.5p a share on 20 October. African Aura Mining was formed when AIM and TSX Venture Exchange-quoted Mano River Resources merged with TSX Venture Exchange-quoted African A
Read moreLondon close: Shares plunge as sell-off continues
17th Aug 2009 16:09
The global sell-off triggered by weak consumer confidence figures from the US on Friday continued, sending Footsie deep into the red. US stocks are also trading deep in the red as traders worry that nervous consumers will dampen the economic recovery. Asian markets were down overnight despite Jap
Read moreLondon afternoon: Equities pare losses
17th Aug 2009 14:46
The FTSE 100 had a good lunch-time session, trimming the morning's losses, but it remains firmly in the red, with miners leading the way down. Concerns grow about the health of the US economy are weighing on mining companies. With consumers reticent to play their part in a demand-led recovery inves
Read moreLondon midday: Deep in the red
17th Aug 2009 11:59
London's benchmark index is posting deep losses as miners weigh on the market on worries that the recent gains may have been overdone. Concerns grow about the health of the US economy following Friday's dismal consumer sentiment data. Asian markets were down overnight, while US futures also point l
Read moreLondon open: Miners lead decline
17th Aug 2009 08:22
London's top stocks started the week on a weak note with miners leading the fallers in early trading Monday morning. Xstrata is the worst performer, closely followed by Kazakhmys, Vedanta Resources, Antofagasta, Anglo American, Lonmin and Old Mutual. Fresnillo is also down after the silver miner s
Read moreWitan narrows loss
17th Aug 2009 08:03
Investment trust Witan narrowed pre-tax losses to £8.77m in the six month ended 30 June compared with a loss of £139.32m last time. Net asset value total return was -0.59% in the half year compared with a benchmark return of -1.93% for the same period. The interim dividend has been maintained at 4
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